Clearing firms used by the top independent broker-dealers
Clearing firms used by the top independent broker-dealers. Clearing firms used by the top independent broker-dealers.
Clearing firms used by the top independent broker-dealers. Clearing firms used by the top independent broker-dealers. Top clearing and custody firms for financial advisers used by the top independent broker-dealers.
| Rank | Broker-dealer | Clearing firm |
|---|---|---|
| 1 | LPL Investment Holdings Inc. | |
| • LPL Financial | Self-clearing | |
| • Uvest | Pershing LLC | |
| 2 | Ameriprise Financial Services Inc. | Ameriprise Financial Services Inc. |
| 3 | Raymond James Financial Services Inc. | Raymond James & Associates |
| 4 | Advisor Group | |
| • FSC Securities | Pershing LLC | |
| • Royal Alliance Associates Inc. | Pershing LLC | |
| • SagePoint Financial Inc. | Pershing LLC | |
| 5 | Lincoln Financial Network | National Financial Services LLC, Pershing LLC |
| 6 | MetLife Broker-Dealer Group | |
| • MetLife Securities Inc. | Pershing LLC | |
| • Tower Square Securities Inc. | Pershing LLC | |
| • Walnut Street Securities Inc. | Pershing LLC | |
| 7 | Cetera Financial Group | |
| • Financial Network Investment Corp. | Pershing LLC | |
| • Multi-Financial Securities Corp. | Pershing LLC | |
| • Primevest Financial Services Inc. | Self-clearing | |
| 8 | National Planning Holdings Inc. | |
| • Invest Financial Corp. | National Financial Services LLC, Pershing LLC | |
| • Investment Centers of America Inc. | Pershing LLC | |
| • National Planning Corp. | Pershing LLC | |
| • SII Investments Inc. | Pershing LLC | |
| 9 | Axa Advisors LLC | LPL Financial Custom Clearing Services |
| 10 | Commonwealth Financial Network | National Financial Services LLC |
| 11 | Securities America Inc. | National Financial Services LLC, Pershing LLC |
| 12 | Northwestern Mutual | Pershing LLC |
| 13 | NFP Securities | National Financial Services LLC |
| 14 | Wells Fargo Advisors Financial Network | First Clearing LLC |
| 15 | John Hancock Financial Services Inc. | National Financial Services LLC |
| 16 | Waddell & Reed Inc. | Pershing LLC, self-clearing |
| 17 | Cambridge Investment Research Inc. | National Financial Services LLC, Pershing LLC |
| 18 | Woodbury Financial Services | Pershing LLC |
| 19 | First Allied Securities Inc. | J.P. Morgan Clearing Corp., Pershing LLC |
| 20 | H.D. Vest Financial Services | Wells Fargo Investments LLC |
| 21 | Securian Financial Services Inc. | Pershing LLC |
| 22 | ING Financial Partners | Pershing LLC |
| 23 | Princor Financial Services Corp. | Pershing LLC |
| 24 | NYLife Securities LLC | National Financial Services LLC |
| 25 | M Holdings Securities Inc. (M Securities) | Pershing LLC |
| 26 | Transamerica Financial Advisors Inc. | Pershing LLC |
| 27 | Next Financial Group Inc. | Pershing LLC |
| 28 | Ladenburg Thalmann Financial Services Inc. | |
| • Investacorp Inc. | National Financial Services LLC | |
| • Triad Advisors Inc. | National Financial Services LLC | |
| 29 | Cadaret Grant & Co. Inc. | Pershing LLC |
| 30 | National Holdings Corp. | |
| • National Securities Corp. | Legent Clearing LLC, National Financial Services LLC | |
| • vFinance Investments Inc. | Fortis Clearing America LLC, National Financial Services LLC, Legent Clearing LLC | |
| 31 | Park Avenue Securities Corp. | National Financial Services LLC |
| 32 | Genworth Financial Securities Corp. | Pershing LLC |
| 33 | Ameritas Investment Corp. | National Financial Services LLC, Pershing LLC, RBC Dain Wealth Management |
| 34 | ProEquities Inc. | Pershing LLC |
| 35 | Investors Capital Corp. | Pershing LLC |
| 36 | Centaurus Financial Inc. | Pershing LLC |
| 37 | VSR Financial Services Inc. | First Clearing LLC, Pershing LLC |
| 38 | Securities Service Network Inc. | National Financial Services LLC, Pershing LLC |
| 39 | Lincoln Investment Planning Inc. | Pershing LLC |
| 40 | American Portfolios Financial Services Inc. | Pershing LLC |
| 41 | Sigma Financial Corp. | First Clearing LLC |
| 42 | Geneos Wealth Management Inc. | National Financial Services LLC, Pershing LLC |
| 43 | Capital Financial Group Inc./H. Beck Inc. | Pershing LLC |
| 44 | J.P. Turner & Co. | National Financial Services LLC |
| 45 | Questar Capital Corp. | Pershing LLC |
| 46 | QA3 Financial Corp | Pershing LLC |
| 47 | Summit Brokerage Services Inc. | First Clearing LLC, Pershing LLC |
| 48 | Equity Services Inc. | National Financial Services LLC |
| 49 | Berthel Fisher and Company Financial Services Inc. | National Financial Services LLC |
| 50 | O.N. Equity Sales Co. | Pershing LLC |
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